Rand Precision Machining

Controller

Falconer, New York•Full-time
$80,000 - $95,000 annually
About the Job
Our leading machining and fabrication manufacturing company is a market leader in the industry, with annual revenues of over $50 million.

We pride ourselves on delivering high-quality products and services to our clients, and we have built a strong reputation for innovation, precision, and customer satisfaction. As we continue to grow and expand our operations, we are seeking an experienced and talented individual to join our team as a Controller.

Job Overview
The Controller will be a key member of our finance team and will play a critical role in managing and overseeing all financial activities of the company with a strong focus on accurate and complete financial transactions at all sites/divisions. . The Controller will report directly to the Chief Financial Officer (CFO) and may have a small team of financial professionals to manage.

Responsibilities:
Financial Transaction Accuracy & Completeness:
  • Review, Manage and Audit key financial transactions at all sites/divisions.
  • Ensure accuracy of Accounts Payable and Accounts Receivable aging reports at all sites/divisions.
  • Ensure accuracy and completeness of Fixed Asset listings and depreciation reports at all sites/divisions.
  • Drive Credit and Collection activities at all sites/divisions.
  • Identify opportunities for efficiency and accuracy improvements at all sites/divisions.
Financial Planning and Analysis:
  • Support development and implementation of financial planning and forecasting processes to support the company's strategic goals and objectives.
  • Support preparation of monthly, quarterly, and annual financial reports, including budget vs. actual analysis, variance analysis, and key performance indicators (KPIs).
  • Help identify and communicate financial risks and opportunities to senior management and recommend appropriate actions to drive financial performance.
Financial Reporting and Compliance:
  • Ensure timely and accurate preparation of financial statements in accordance with Generally Accepted Accounting Principles (GAAP).
  • Oversee the preparation and filing of all required financial reports and tax returns, ensuring compliance with applicable laws and regulations.
  • Establish and maintain internal controls to safeguard company assets and ensure the integrity of financial data.
Cash Flow Management:
  • Support development and implementation of cash flow forecasting models to effectively manage working capital and liquidity.
  • Monitor and analyze cash flow trends, identifying potential risks and opportunities, and recommend appropriate actions to optimize cash flow.
Budgeting and Cost Control:
  • Support the annual budgeting process, working closely with senior management and department managers to develop detailed budgets and financial targets.
  • Help monitor and analyze actual performance against budget, investigating and explaining variances.
  • Identify and implement cost control initiatives to maximize profitability and efficiency.
Financial Systems and Process Improvement:
  • Evaluate and enhance financial systems, processes, and controls to improve efficiency and accuracy.
  • Drive automation initiatives to streamline financial reporting and analysis.
  • Stay updated on industry best practices and trends in financial management and recommend and implement relevant improvements.
Team Management:
  • Provide leadership and guidance to the finance team, fostering a culture of continuous learning and professional development.
  • Set performance goals and objectives, conduct performance reviews, and provide regular feedback and coaching to team members as required.

Qualifications:
  • Bachelor's degree in Accounting, Finance, or related field. A Master's degree or CPA certification is strongly preferred.
  • Minimum of 8-10 years of progressive finance and accounting experience, with at least 5 years in a leadership role.
  • Strong knowledge of GAAP and financial reporting requirements.
  • Proven experience in financial planning and analysis, budgeting, and cash flow management.
  • Excellent analytical and critical thinking skills, with a keen attention to detail.
  • Advanced proficiency in financial modeling and analysis tools.
  • Experience in manufacturing or industrial sectors is highly desirable.
  • Proficient in using financial software and ERP systems.
  • Strong leadership and team management skills, with the ability to motivate and develop a high-performing team.
  • Excellent communication and people skills, with the ability to effectively collaborate and communicate with stakeholders at all levels of the organization.

Benefits:
  • 401(k).
  • 401(k) 4% Match.
  • 401(k) matching.
  • AD&D insurance.
  • Dental insurance.
  • Disability insurance.
  • Employee assistance program.
  • Flexible spending account.
  • Health insurance.
  • Life insurance.
  • Paid time off.
  • Parental leave.
  • Professional development assistance.
  • Referral program.
  • Tuition reimbursement.
  • Vision insurance.

Work Location: In person.